Wall Street Focuses on XRP as XRPL Stablecoins Top $1B and RWA Activity Rises

On-chain indicators suggest the XRP Ledger is drawing increased institutional attention even as retail sentiment remains weak. Stablecoins on XRPL crossed $1 billion, with public stablecoin market cap up 63.72% over 30 days to $823.24 million, alongside $4B+ in private corporate assets concentrated in 85 large addresses. The report also says U.S. spot ETFs resumed buying and accumulated roughly 1%–1.25% of XRP's total market issuance after first-quarter stagnation.